1 bed Flat For Sale £99,000
For sale by online auction - Residential Investment
Bidding opens: 07/09/2021 12:00
Auction scheduled to end: 09/09/2021 17:56
online auction from 7th september-9th September
Located in Newport, this property would make the ideal residential investment. Perfect for commuters, this property is located close to Newport train station, and the M4, both of which provide access to Bristol and Cardiff. Additionally, the property benefits from being walking distance to Newport City Centre.
We have been advised that the building is currently comprised of a one bedroomed flat on the ground floor and a three bedroomed house. The flat is currently tenanted and achieving £350 per a month. The tenant has been in situ for approximately 7 years and is residing on a periodic tenancy. The house has previously been let on a separate room basis, with each room achieving £300 per a month. At present there is one tenant in occupation who is paying £300 per a month.
*Please note that the auctioneer has not been able to gain access to the property*
Ground Floor
Lower ground floor
First floor
Second floor
Outside
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
Flat: Tenanted on a periodic tenancy, achieving £350 per a month
House: 1 tenant in occupancy, currently on a periodic tenancy, achieving £300 per a month
Bidding opens: 07/09/2021 12:00
Auction scheduled to end: 09/09/2021 17:56
online auction from 7th september-9th September
Located in Newport, this property would make the ideal residential investment. Perfect for commuters, this property is located close to Newport train station, and the M4, both of which provide access to Bristol and Cardiff. Additionally, the property benefits from being walking distance to Newport City Centre.
We have been advised that the building is currently comprised of a one bedroomed flat on the ground floor and a three bedroomed house. The flat is currently tenanted and achieving £350 per a month. The tenant has been in situ for approximately 7 years and is residing on a periodic tenancy. The house has previously been let on a separate room basis, with each room achieving £300 per a month. At present there is one tenant in occupation who is paying £300 per a month.
*Please note that the auctioneer has not been able to gain access to the property*
Ground Floor
Lower ground floor
First floor
Second floor
Outside
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
Flat: Tenanted on a periodic tenancy, achieving £350 per a month
House: 1 tenant in occupancy, currently on a periodic tenancy, achieving £300 per a month
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